PLEASE NOTE: To transfer to Hargreaves Lansdown at the earliest opportunity and take advantage of the full range of their services, they must receive transfer forms by 15th March 2019.

The Boards of Witan Investment Trust (Witan) and Witan Investment Services (WIS) have reviewed the current service level available to our Savings Scheme Account Holders. In light of the increasing variety, capability and cost effectiveness of investment platforms in the wider savings market they have concluded that the interests of Account Holders would best be served by a transfer (free of exit charges) to a specialist investment platform. They have chosen Hargreaves Lansdown, a FTSE 100 Company, as the recommended option, although Account Holders will also have the option to transfer to a different provider of their choice.

"There is an increasing range of savings platforms offering a broader array of services than those available to Witan Savings Scheme investors. Coupled with this, in recent years there has also been a substantial increase in the regulatory cost associated with the provision of the Schemes which has been borne by Witan shareholders as a whole.

We are confident that the proposed transfer will result in improved flexibility and choice for Account Holders, at a competitive cost.

We thank our members for the trust they have placed in us over the years in managing and administering their Savings Schemes. We will be doing all we can to ensure this necessary process will go as smoothly as possible."

Harry Henderson, Chairman of Witan Investment Services

Details of the transfer and options available to customers invested in the Wisdom Savings Scheme have been mailed to all Savings Scheme members.

Please note that past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuation and you may not get back the amount originally invested. This website is issued and approved by Witan Investment Services Limited, registered in England no. 5272533 of 14 Queen Anne’s Gate, London SW1H 9AA.